Assets worth about £200,000 belonging to the murdered loyalist paramilitary leader, Jim Gray, have been frozen.

They include cash, a BMW car and an 18-carat gold bracelet.

Northern Ireland's Asset Recovery Agency said it had been granted a freezing order by the High Court in Belfast.

Mr Gray, 47, was shot dead outside his father's home in east Belfast last month.

He had been released on bail from prison three weeks earlier after being in custody facing a series of charges including money laundering.  

The killing is believed to have been carried out by former associates in the Ulster Defence Association.

Mr Gray had been arrested in April close to the border in Co Down, and police suspected he was preparing to leave Northern Ireland.

He had survived a murder bid three years ago when he was seriously injured in a shooting linked to a loyalist feud.